Bitshares - State of the Network - 8th May 2018

Welcome to the 82nd Bitshares State of the Network (BSotN) report. A weekly report focusing on the changes in the ecosystem and track longer term changes in a effort to identify emerging trends and changes in the Bitshares platform.

Bitshares - State of the Network - 8th May 2018

The Bitshares State of the Network Reports seeks to combine raw data from a wide range of metrics and combine them into meaningful information to identify emerging trends and changes in the Bitshares network.

Observation from this week

This section will highlight any observations made while analysing the data.

The 2018 Global Graphene Blockchain Development Conference has successfully concluded in Shanghai. With over 40 speakers and over 1000 attendees from all over the world this conference was a massive success! The event was organized by teams from BlockGeek and GDEX who did an amazing job with the venue and organisation of the speakers and guests. Thank you to Jerry Liu (Bitcrab) and everyone involved in making this an amazing event! It is definitely a milestone to be proud of. See the pictures of the event below and mark your calendars for 2019. @jademont as one of the organisers has uploaded a gallery of pictures and video recordings of the event which can be found HERE <- +5%

Annemieke Dirkes announced the launch of the Graphene Foundation which has been founded as a Dutch Non-Profit Organisation (Website: graphene.community). The foundation will have 3 key representatives which are divided geographically. Alfredo Garcia (@oxarbitrage) will represent USA, Fabian Schuh (@Xeroc) for Europe and a China representative to be announced.

Annemieke Dirkes announced the upcoming BitFest conference to be held on the 21st, 22nd and 23rd of September 2018 in Amsterdam. You can find more information about the event HERE

eXeBlock has announced Development of Bitcoin Payment Sidechain that will allow all Bitcoin owners direct access to the Company’s Graphene based decentralized applications. eXeBlock has invested nearly 1,000 hours in programmer and development time on the sidechain, which is nearing completion. More information HERE

Hungarian Cryptocurrency Foundation has announced the launch of Nowcoin on the Bitshares blockchain, The NowCoin Market Game was invented to create a social ecosystem for Nowcoin, with holders motivated to enter and hold Nowcoin, and with merchants interested in supplying services to the network members in exchange for Nowcoin. More information HERE

CryptoFresh the long running, original Bitshares block explorer has seen an infrastructure upgraded this week including a new high speed 512GB NVMe (non-volatile memory express) SSD for improved response time and performance. The migration to new hardware was completed on Tuesday. @Roadscape (Founder of CryptoFresh) has also been working on fork resolution code which is still being developed and tested but will eventually allow the block explorer to recover from forks automatically with the end goal to reduce administration and improve uptime for the service during edge cases such as fork’s on the chain . A majority of the data being used in these reports is sourced from CryptoFresh and @Roadscape has always been very supportive and responsive if I ever need any assistance with the data! I would like to extend a massive Thank you to Roadscape for running this valuable service for many years as a voluntary effort!

@bitspark have released video coverage from their first Spark Graphene Meet Up held in Hong Kong on the 26th of April. Video from the introductory meetup can be found HERE

The Beyond Bitcoin Bitshares weekly hangouts have now moved to the Discord platform. You can join the Bitshares Discord HERE and also catch the latest hangouts streamed live on YouTube HERE

This week’s Bitshares hangout recording has been published and is available HERE

Current registered wallets/accounts within the Bitshares network is 909516; an increase of 12002 wallets/accounts since last week

Number of accounts holding BTS (off exchanges)

Bitshares Distribution

This sections seeks to analyse the current distribution of the network. We look at the current supply, top 100 hodlers, Orders on the Bitshares Decentralized Exchange (DEX), Reserve pool balance and Income growth.

Distribution

Balance

Change W/W

Change W/W %

BTS Supply

2,622,816,533

2,272,758.00

0.09%

BTS Stealth

285,065

-

0.00%

BTS in Open Orders (DEX - T250)

10279597.4

377,767.80

4.65%

Reserve Pool

977756621

-12,814,199.00

-1.29%

RP Accumulated fees

37,401

-

0.00%

Collateral (top 250) backing Smartcoins

387844728

-15,122,713.00

-3.77%

Top 100 Total

1,474,555,928

-6,233,380.84

-0.43%

Top 100 - minus Exchanges

694,279,577

-6,233,380.84

-0.92%

Exchanges

780,276,351

-

0.00%

Non Exchanges

1,842,540,182

2,272,758.00

0.12%

Profit/Expenses from the Bitshares Reserve Pool

The chart below show historic profit/expense from the Bitshares Reserve Pool where a positive number represents a W/W profit and a negative number means a W/W expense; Bitshares expenses include witness and worker pay and income includes network fees.

BTS Trading

Looking at the most active trading pairs for Bitshares (BTS). Data displayed is a 24 hour snapshot as taken on the date of this report and not a reflection on the week as a whole.

Market

Last Price

Price USD

24hr Vol BTS

24hr Vol USD

Vol %

Vol % Change W/W

BTC

0.00003243

0.29363794

22,462,082.89

6,595,719.71

54.47

-86.2%

USDT

0.2945411

0.29

15,163,239.39

4,466,449.86

36.8%

-31.6%

ETH

0.00040587

0.29253947

3,070,963.33

898,377.98

7.4%

-95.8%

BITCNY

1.94

0.30493721

282,185

86,048.85

0.7%

132.0%

Worker Proposals

This section will identify the current approved and pending worker proposals

Active Worker:

Proposed Worker

DEX: Most Active Markets

This section will show the BTS markets within the DEX and seek to highlight the most active markets.
The most active base pair is BTS and the top 3 pairs are CNY, USD and Bridge.BTC

Smartcoins

This sections seeks to analyse the current supply and market capitalisation of the Bitshares Smartcoins.

Asset

Supply

Price

Market Cap BTS

Market Cap USD

Supply Change W/W

BTS

2,622,816,533

0.294

770,960,213

$770,960,212.53

0.087%

BTS Stealth

285,065

0.294

83,793

$83,793.04

0.000%

Reserve Pool

977,756,621

0.294

287,405,330

$287,405,330.43

-0.232%

Accumulated fees

37,401

0.294

10,994

$10,993.79

0.000%

BitUSD

15,234,466

3.38

51,492,495

$15,135,890.92

-5.042%

BitCNY

262,624,164

0.53

139,190,807

$40,914,251.05

-1.922%

BitEUR

119,236

4.02

479,329

$140,895.62

-7.882%

BitBTC

51.1

30,810

1,574,391

$462,782.21

8.493%

BitGold

189.5

4,442

841,759

$247,429.70

0.000%

BitSilver

21,782

55.8

1,215,436

$357,269.55

0.000%

Ruble

8,034,666

0.0534

429,051

$126,116.86

4.981%

HERO

995

553

550,235

$161,738.07

-0.995%

Referral Stats

This section will track user referrals, to gauge active refers overtime. The chart below shows in blue the total number of referred users and in orange the new referrals for this week.

Account

Referrals

Change W/W

btsabc

5992

18

bitshares-munich

5533

12

bituniverse

4901

50

compumatrix1

2582

1

digital-nomad

2500

1

sdr

2385

0

cryptofresh

2095

32

jianjolly-0

1743

0

magicw

1681

7

by24seven

1250

22

superone

1209

17

bcp2017

1201

0

estefantt

1172

5

Vote Proxies

This section will track the change in proxy voting

Account

Opinions

Followers

Weight (M)

Weight Change (M)

bitcrab

90

115

145.5M

-1

openledger

56

10622

139.4M

5.8

xeroc

61

210

136.9M

6.8

michaelx

58

120

80.4M

4.7

still

130

333

42.9M

11.6

blckchnd

59

1579

37.2M

-3.2

abit

71

740

26.0M

-0.5

fav

40

166

23.6M

-0.2

bitshareseurope

0

454

11.8M

0

blockchain-bv

0

3

11.4M

0

Committee Members

This section will track shareholder approval of committee members

Account

Votes (M)

Votes Change (M)

bitcrab

731.2

-30.2

abit

612.9

-28.4

bhuz

607.2

-14.3

clockwork

555.4

-13.1

jademont

498.4

-30.3

xeroc

468.4

-4.9

openledgerdc

459.9

-20.4

witness.still

443.9

-19.1

ebit

427.1

-18.4

bunkerchainlabs-com

419.9

-5

fav

388.5

-17.2

Active Witnesses

This section will track top 25 active witnesses and the changes in support

Rank

Witness

Votes

Missed

Missed W/W

1

in.abit 1.6.35

774.1

751

5

2

verbaltech2 1.6.34

742.9

4027

3

3

bhuz 1.6.17

742.9

1717

23

4

roelandp 1.6.74

740.1

80

1

5

abc123 1.6.65

726.3

1364

9

6

fox 1.6.16

725.8

4542

2

7

witness.yao 1.6.71

719.6

3610

3

8

witness.still 1.6.69

717.3

9324

6

9

sahkan-bitshares 1.6.73

710.7

1356

8

10

delegate-1.lafona 1.6.28

707.9

4465

1

11

xeldal 1.6.22

703.5

2492

4

12

xn-delegate 1.6.59

703.1

2905

3

13

xman 1.6.64

702.6

1763

12

14

crazybit 1.6.84

659.9

642

11

15

delegate.freedom 1.6.63

636.2

4937

2

16

delegate-zhaomu 1.6.98

631.8

665

17

openledger-dc 1.6.76

630.9

713

4

18

magicwallet.witness 1.6.110

599.2

48

8

19

elmato 1.6.20

575.2

4400

2

20

witness.hiblockchain 1.6.105

574.4

67

13

21

rnglab 1.6.45

572

2185

6

22

blckchnd 1.6.75

548.7

979

1

23

gdex-witness 1.6.120

521.6

18

4

24

winex.witness 1.6.101

511.6

716

59

25

clockwork 1.6.117

471.4

11

1

Top 100 Distribution including Exchanges

This section looks at the top 100 rich list and compares account balances, this section will seek to identify changes in ownership which may lead to interesting investigations and early warning signs of upcoming projects

Rank

Account

Total BTS

Change W/W

Change W/W %

1

poloniexwallet

235,097,706

2,033,603.00

0.87%

2

bitkkchubei002

161,192,406

-

0.00%

3

bitcc-bts-cold

120,935,205

6,141,300.00

5.35%

4

binance-cold-1

114,787,664

-

0.00%

5

binance-bitshares-gvbdb84k6h

72,642,522

-7,087,479.00

-8.89%

6

gamma-rabbit

61,197,392

-

0.00%

7

alpha-dog

40,375,904

2,607,419.13

6.90%

8

huobi-withdrawal

40,176,498

44,232.00

0.11%

9

delta-lion

22,651,470

-

0.00%

10

ranchorelaxo2017

21,769,775

-

0.00%

11

gate-bts-off001

21,324,213

99,212.00

0.47%

12

test-changekey

20,163,274

-

0.00%

13

abit

20,110,507

8,000.00

0.04%

14

bittrex-deposit

18,275,622

-614,715.00

-3.25%

15

stan

14,841,943

-

0.00%

16

jubi-bts

14,591,906

-

0.00%

17

bigday4sc

14,058,107

-2,097,748.29

-12.98%

18

a2dcdf323a8a576408f62604b17a8a52

13,028,337

-1,143,663.00

-8.07%

19

alexna64

12,143,695

-

0.00%

20

anonymous

11,212,516

-

0.00%

21

yun-bts

10,962,743

-

0.00%

22

evan

10,659,692

-

0.00%

23

committee-cnytrader

9,887,033

2,278,990.80

29.96%

24

ld636433

9,556,809

-

0.00%

25

getch-bts

9,535,172

-

0.00%

26

brother-john

9,312,086

-

0.00%

27

virtual-ventures

9,153,485

-

0.00%

28

echocold1

9,097,651

-

0.00%

29

enki

8,808,959

138,360.40

1.60%

30

ibilitlan-scoltock

8,673,958

-

0.00%

31

mr-wang

8,156,959

-

0.00%

32

graphene2015

8,130,428

-11,511.00

-0.14%

33

roje

8,040,409

-

0.00%

34

bts-subscribe

7,999,005

-

0.00%

35

cievia-waugaman

7,990,214

-

0.00%

36

onceuponatime

7,775,935

11,423.00

0.15%

37

invictus

7,494,364

-

0.00%

38

jiny2

7,438,984

-

0.00%

39

haeassa-granovsky

7,431,931

-

0.00%

40

denkhaus

7,267,748

-1,252,115.00

-14.70%

41

cass

6,737,585

-

0.00%

42

tyrone-shoelaces

6,615,913

-

0.00%

43

abinia-rivard

6,550,563

-

0.00%

44

keebler-kahn

6,500,770

-

0.00%

45

tsuratsura-3557

6,395,199

-

0.00%

46

zbbts001

6,305,616

315,046.00

5.26%

47

bts-morning

6,158,138

9,712.00

0.16%

48

yoyow.team

6,000,003

-

0.00%

49

bristolbay

5,800,011

-

0.00%

50

fericia-brick

5,766,623

-

0.00%

51

btszhqxf

5,734,712

-

0.00%

52

spring

5,560,779

-

0.00%

53

hnnr8

5,460,998

-

0.00%

54

cadord-ozois

5,423,173

-

0.00%

55

storj

5,366,573

-

0.00%

56

xhunter

5,192,094

-

0.00%

57

jeraud-kanze

5,172,698

-

0.00%

58

gate-io-bts66

5,097,154

69,137.00

1.38%

59

aloha

4,905,224

250,784.00

5.39%

60

geravia-mackinnon

4,777,691

-

0.00%

61

bitcoinindonesia

4,474,496

153,738.00

3.56%

62

xgqing

4,351,903

-

0.00%

63

btsxzzh2

4,348,432

-

0.00%

64

serg

4,269,497

-

0.00%

65

quonael-lievesley

4,087,235

-

0.00%

66

binance-bts-1

4,058,010

3,058,010.00

305.80%

67

coldstorage1

4,000,000

-

0.00%

68

oh-bts

4,000,000

-

0.00%

69

super-bts

3,999,990

-

0.00%

70

slim

3,938,098

-

0.00%

71

wesley-waugaman

3,921,027

-

0.00%

72

mtblock-io

3,849,302

559,864.00

17.02%

73

aex-bts-deposit-wallet

3,578,655

2,578,655.00

257.87%

74

cai8108

3,352,768

113,015.00

3.49%

75

peak-yannie

3,333,334

-

0.00%

76

random123

3,304,640

-

0.00%

77

zy360

3,206,921

205,339.00

6.84%

78

makkiavelli1977

3,199,365

13,175.00

0.41%

79

bafohald-degeorge

3,189,866

-

0.00%

80

livecoin-net

3,178,766

22,305.00

0.71%

81

scottmclane

3,177,116

-

0.00%

82

feiji2

3,155,341

666,227.00

26.77%

83

bilbo-baggins

3,151,030

-

0.00%

84

lao-wallet

3,140,242

-

0.00%

85

aleks

3,050,009

-0.12

0.00%

86

austintexas11

3,045,249

-

0.00%

87

committee-usdoperator

3,039,809

968,284.60

46.74%

88

null-account

3,013,497

117.00

0.00%

89

mcxcwbts

3,000,686

-

0.00%

90

billion-hero-prize

3,000,000

-

0.00%

91

ptschina

2,989,498

21,070.00

0.71%

92

facem

2,978,117

-15,220.11

-0.51%

93

bkss

2,946,665

696,571.00

30.96%

94

roland.sun

2,923,130

-

0.00%

95

jackkang

2,860,941

-

0.00%

96

sky-fly

2,810,389

-

0.00%

97

bitlion

2,804,106

3,045.00

0.11%

98

gxp520wcx

2,802,535

-13.00

0.00%

99

koocaa

2,781,355

-

0.00%

100

tong-xin

2,772,166

-

0.00%

Thanks for viewing :)

I value your feedback.
Is there something more you would like me to track in these reports? or do you have some information for the next BSoTN report? please let me know in the comments, on steemit.chat, in the 'BitsharesDEX' Telegram group or every Friday in the the BeyondBitcoin Hangouts.

I hope you enjoyed this report! :)

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These data is really reflecting the effectivity of the overall performance of Bitshares and in my opinion Bitshares is one of the Idea which came with full Decentralized system which works on the Proof Of Stake as per my knowledge, and the current activities definitely predicting nice growth of Bitshares in my opinion. Thanks for sharing this full fledged post with us and wishing you an great day. Stay blessed. 🙂